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nakedchartist
Sep 16, 2014 12:59 AM

NZDCAD trending short Short

New Zealand Dollar/Canadian DollarFXCM

Description

week to week is down and this week I am just loking for a retracement from a downflow and look to get into short.
I have a day line chart resistance and will be looking for a divergence setup to go short. I hope price continues to trend as per last 10 weeks.
A small divergence is observed but the price peak is rather flat at the moment.
Comments
nakedchartist
TP1 reached, shift BE and leaving the rest to ride. week10 followed trend, so hoping to see week 11, 12, 13... until proven otherwise.
nakedchartist
exiting for second TP. no more. awaiitng the next setup to go short again.
manijeh.kazemi.33
thanks for this post
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